SEARCH SITE

Search FAQs

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2015 SESSION

  • | print version

HB 2098 Tangible personal property; miscellaneous and incidental property.

Introduced by: David J. Toscano | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Tangible personal property; miscellaneous and incidental property. Declares miscellaneous and incidental property used in a trade or business with an original cost of less than $250 as a separate classification of tangible personal property, thereby permitting localities to impose a lower tax rate on such property. The bill also authorizes localities to permit taxpayers to provide an aggregate estimate of the total value of such property instead of an itemized list. This bill is identical to SB 1127.


FULL TEXT

AMENDMENTS

HISTORY